Cheniere And China’s ENN Energy Lock In 20-Year LNG Deal ...Middle East

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Cheniere And China’s ENN Energy Lock In 20-Year LNG Deal
The United States largest producer of LNG, Cheniere Energy (NYSE:LNG), has signed a long-term liquefied natural gas (LNG) sale and purchase agreement with China’s ENN Energy Holdings.  ENN will purchase ~1.8M metric tons/year of LNG on a free-on-board basis at Henry Hub prices for a 20-year term, with deliveries to commence mid-2026 ramping up to 0.9 million tonne per annum (mtpa) in 2027.  The deal is subject to the completion of Cheniere’s Sabine Pass project, which is being developed to include…

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